Zimra to increase tax base by 25% in US$7.1 bln chase
Itai Ndongwe
HARARE (FinX) – Zimbabwe Revenue Authority (Zimra) says it will chase a revenue target of US$7.1 billion in 2025, which is up 16.39%...
Zimbabwean Churches Unite in Prayer for Palestine Amid Gaza Crisis on...
By Staff Reporter
Zimbabwean churches joined hands in solidarity with Palestine on the International Women’s Day of Prayer, a significant and somber occasion marked by...
Barnard appointed substantive Kuvimba Mining CEO
HARARE - Kuvimba Mining House has appointed Trevor Barnard as Group CEO, beginning December 1, 2024, to continue to drive expansion and development of...
Mutapa enlists Afreximbank to mobilise project preparatory funding
HARARE - Afreximbank and Mutapa Investment Fund (MIF) have launched a US$50 million Joint Project Preparation Facility (JPPF) to support project development in Zimbabwe's...
NHS Zimbabwe set for growth with airport upgrade
By Itai Ndongwe
Harare- National Handling Services (NHS), a leading provider of airport handling services, expects a 5% increase in passenger and aircraft handling by...
ZimTrade’s Eagles Nest to rope in institutions of higher learning
Farai Mabeza
ZIMTRADE says it will from next year utilise various institutions of higher learning and vocational training centres as it expands the Youth Export...
Mnangagwa Tells Banks to Lead Economic Recovery Amid Debt Clearance Efforts
By Talkmore Gandiwa/ Pride Mzarabani
President Emmerson Mnangagwa said the banking sector should play its intermediation role and provide affordable financing for re-tooling efforts and...
Choppies plans to exit Zimbabwean market
By Pride Mzarabani and Terrence Kurira
Choppies Enterprises Limited is considering selling its Zimbabwe unit due to the challenging operating environment in the country. This...
Africa Must Deepen Domestic Financial Markets to Achieve SDGs
GABORONE, Botswana, (ECA) – Africa's journey towards meeting the Sustainable Development Goals (SDGs) hinges on developing effective domestic financial markets that provide affordable finance....
Africa’s Agenda at Cop29
BAKU, Azerbaijan (ECA) -The African Group of Negotiators and leaders came to COP29 with a bold call for equitable climate finance, stronger global partnerships,...
Tiger Wheel and Tyre commissions new retreading plant
Talkmore Gandiwa/Pride Mzarabani
HARARE - Tiger Wheel and Tyre has commissioned a state-of-the-art tyre retreading plant which is set to increase production capacity to 5...
Zim executive on Time’s 100 Climate Leaders list
Farai Mabeza
HARARE - The chief executive officer of African Risk Capacity Limited (ARC Ltd), Lesley Ndlovu, a Zimbabwean, has been selected as one of Time...
Seed Co R & D annual spend on parent seeds currently...
Talkmore Gandiwa/Pride Mzarabani
Seed Co Limited said it is spending approximately US$10 million annually on research and development work for parent seeds. The company has...
Pambili exploring Golden Valley Mine potential
HARARE —Canadian-listed Pambili Natural Resources Corporation says it is conducting a planned six-hole drilling programme at GVM with the objective of identifying a gold...
Battle for the Streets: Tuck Shops Edge Out Zimbabwe’s Supermarkets as...
by Kovedzayi Takawira
Harare - It's a scene of chaos and movement, with everyone eager to retreat to the places they had left in the early...
NMB secures US$25m multi-product facility from Proparco
Itai Ndongwe
HARARE - NMB Bank Zimbabwe Limited has secured a multi-product facility from Proparco, which includes a USD15 million credit line, a USD5 million...
Zim, EU sign US$80m financing deals
Pride Mzarabani/Itai Ndongwe
HARARE - The Zimbabwean government and the European Union have signed four financial agreements totalling 75 million euros (more than US$80 million)...
UK appeal court rules out immunity defence to ICSID awards for...
HARARE (FinX) - The Court of Appeal of England and Wales has affirmed that states cannot rely on sovereign immunity to oppose the registration...
ZINARA makes progress in clearing DBSA loan
Itai Ndongwe
The Zimbabwe National Road Authority (ZINARA) has made substantial strides in fulfilling its financial commitments to the Development Bank of Southern Africa (DBSA),...
Grid Africa and Huawei Announce 72MW Solar Agreement for Mining Operations...
HARARE - Grid Africa, a leading renewable energy provider with operations in Zimbabwe,
South Africa, Zambia, and Kenya has sealed a groundbreaking solar agreement
with Huawei,...
